Long time lurker first time poster!I will be filing this season for the first time being a home owner and house hacker.I would like to work with a tax professional who has experience with this strategy.Tell me why I s...

As an investor, is it a "must have" to have a business name?

So I have a situation where we have taken 2 properties quit claim knowing what the max liens could have been on them.  From what our title company is telling us, the old old owner (2 purchased ago) is the only person ...

Hi BP world!So, I have been debating for about a year on whether or not to file a lawsuit for damages against my CA rental property? I weigh the pros and cons and overall it seems like it won't be worth the fight. How...

I am an international investor. My property manager of 2-bd condo in Orlando Fl, asked for repair cost of over $3000. I sent for them. Did not receive any invoices or the status of the repair. They asked again for mor...

I went to court earlier this week and the judgment was made against my tenant for non-payment of rent.  I have a court order in hand that the tenant must vacate by 4pm tomorrow.  The tenant has  been served the same p...

My husband and I want to start flipping houses. Do we need to form an LLC and operate as a business or can we just buy/fix/sell under our own names?

Hi, folks, I just closed on my first deal a few days ago, and I'm editing our first lease using the template given from BP for my state (Maine).  There is a section about leasees providing their own renter's insuran...

I was just informed by my property manager that my tenant was just jumped and robbed. As of now, I don't know who this person who jumped and robbed my tenant came from. Do you have any tips or advice on how I deal wit...

I have 6 rental properties, all Single Family Homes. I was previously paying a tax professional around $800 to $900 to prepare my tax returns for my 6 properties as well as my personal. I am using a new tax profession...